Family firms and innovation: a revisit to SEW perspective

被引:5
|
作者
Agnihotri, Arpita [1 ]
Bhattacharya, Saurabh [2 ]
机构
[1] Penn State Harrisburg, Dept Management, Sch Business Adm, Middletown, PA 17057 USA
[2] Newcastle Univ Business Sch, Dept Mkt Operat & Syst, Newcastle Upon Tyne, Tyne & Wear, England
关键词
Family ownership concentration; family CEO; socioemotional wealth; emerging markets; SOCIOEMOTIONAL WEALTH; EMERGING MARKETS; OWNERSHIP; AGENCY; FUTURE; INVESTMENTS; UNCERTAINTY; PERFORMANCE; INTEGRATION; MANAGEMENT;
D O I
10.1080/09537325.2022.2117024
中图分类号
C93 [管理学];
学科分类号
12 ; 1201 ; 1202 ; 120202 ;
摘要
Extant literature on innovation in family firms has generated mixed results regarding the preference of family firms for innovation. By integrating literature on family ownership and management, we propose an inverted U-shaped relationship between family firm ownership concentration and innovation. Our Poisson regression-based model on a sample of 532 family firms from India for ten years shows that family ownership concentration follows an inverted U-shaped relationship with innovation. Our findings further suggest that the family CEO moderates this inverted U-shaped relationship.
引用
收藏
页码:1898 / 1910
页数:13
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